Hi i have been reading through a thread on here about tax on gambling and wondered if anyone could help shed some light on my issue.
I currently play Poker full time online in the uk. I also have an affiliate with the poker site to bring new players to the site.
My commissions are totalling close to $5k a month and this is getting paid into my poker account (same place where my bankroll for playing with is)
I understand i dont have to pay tax on my earnings through gambling but..as my commisions is also getting paid into the same account i have a few questions...
Will i have to pay tax on my commissions ? If so how can this be traceable? Also if it is getting paid into my poker account will it be easy for me to to decide how of this is declarded as earnings from commission and liable for tax.